Exam 4: Enabling Business-To-Consumer Electronic Commerce

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Briefly explain location-based m-commerce.

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A key driver for m-commerce is location-based services,which are highly personalized mobile services based on a user's location.Location-based services are implemented via the cellular network,Wi-Fi networks,and Global Positioning System (GPS)functionality,now built into most modern cell phones.Location-based services allow the service provider to offer information or services tailored to the consumers' needs,depending on their location.For example,search engines can provide specific information about attractions or restaurants located in the user's vicinity,retail stores can enhance store locators with navigation instructions,or users can receive real-time traffic or public transport information.

Briefly describe the benefits of e-tailing.

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E-tailing can provide many benefits over traditional brick-and-mortar retailing in terms of the marketing concepts of product,place,and price.
•Product Benefits: Web sites can offer a virtually unlimited number and variety of products because e-tailing is not limited by physical store and shelf space restrictions.For instance,e-tailer Amazon.com offers millions of book titles on the Web,compared to a local brick-and-mortar-only book retailer,which can offer "only" a few thousand titles in a store because of the restricted physical space.
•Place Benefits: As company storefronts can (virtually)exist on every computer that is connected to the Web,e-tailers can compete more effectively for customers,giving e-tailers an advantage.Whereas traditional retailing can be accessed only at physical store locations during open hours,e-tailers can conduct business anywhere at any time.
•Price Benefits: E-tailers can also compete on price effectively since they can turn their inventory more often because of the sheer volume of products and customers who purchase them.Companies can sell more products,reducing prices for consumers while at the same time enhancing profits for the company.Further,virtual companies have no need to rent expensive retail space or employ sales clerks,allowing them to further reduce prices.

Walmart.com is an example of a ________ retailer.

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Which of the following is a disadvantage of e-tailing?

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Identify a true statement about the function of Google's Ad Words.

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Which of the following statements explain mass customization?

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In electronic commerce,________ is defined as the percentage of single-page visits.

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The technological solution that allows publishers to control their digital media to discourage,limit,or prevent illegal copying and distribution is known as ________ management.

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Companies use ________ in an attempt to move up their Web sites in the organic search engine results.

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When organizations undergo disintermediation,they have to take on those activities previously performed by the middleman.

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EZBiz,the brainchild of three college friends,is a startup venture that plans to produce and market sports gear.The venture is still stuck in the planning phase as they have not been able to decide the suitable business strategy to opt for.They are currently trying to decide between a bricks-and-clicks strategy and a click-only strategy.Which of the following,if true,would most undermine the decision to adopt a click-only strategy?

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Which of the following characteristics of the Web deals with making the interaction with a Web site easier or more convenient?

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Identify a characteristic of the Web that influences a Web site's security and performance.

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In ________ pricing,companies set the prices that consumers pay for products.

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Web technologies allow for integration of information via Web sites that can be linked to corporate databases to provide real-time access to personalized information.

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Timothy was reading tournament results of the football World Cup matches on Infogoalistic.com.As he was going through the results,an advertisement of new football studs popped up.This is an example of ________ advertising.

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Which of the following occurs in a reverse pricing model?

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If a company's Web site is in the sponsored list of a search engine,the search engine receives revenue on a ________ basis.

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Companies pursuing a click-and-mortar business strategy have no physical store locations,allowing them to focus purely on electronic commerce.

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Which of the following explains Web analytics?

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